Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data AKANDA CORP. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Revenue
0
0.04
2.62
0.42
0.84
Cost of revenue
0
0.04
0.57
0.36
0.63
Gross profit
-0.06
-0
3.27
0.06
0.21
Operating income
-0.9
-1.67
-2.57
-20.2
-3.66
-4.38
Interest expense
0.49
0.65
0.01
0.12
0.12
0.1
Interest income
0
0.01
0
0
0
0.01
Income from continuing operations
-2.47
-8.24
-3.71
-3.27
Net income
-1.39
-2.3
-8.13
-11.7
-32.3
-4.1
EBITDA
-0.7
-1.42
-2.57
-16.6
-3.45
-4.24
EPS, basic
-87.14
-142.60
-396.11
-308.97
-573.11
-3.93
EPS, diluted
-87.14
-142.60
-396.11
-308.97
-573.11
-3.93
Balance sheet
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Cash and equivalents
0.82
0.01
3.5
0.26
0.09
3.84
Receivables
0.24
1.24
0.28
0.37
Inventory
0
1.06
1.29
Total current assets
0.13
3.98
3.82
1.81
5.06
Property, plant and equipment
1.63
1.9
12.2
2.52
2.34
Lease right-of-use assets
2.2
1.91
0.32
0.12
Intangible assets
0.32
0.26
22.2
3.8
0.02
Total assets
4.27
8.05
39
8.84
7.91
Accounts payable
0.18
0.68
7.14
6.01
2.98
Short-term debt
0.94
1.37
0.35
Total current liabilities
2.73
8.27
9.35
10.2
3.64
Lease liabilities
2.6
1.98
0.12
Total liabilities
9.31
10.2
12.1
12.7
3.64
Total debt
6.72
Paid-in capital
15.3
Retained earnings
-5.16
-13.3
-21.1
-53.4
-57.5
Total equity
-2.9
-5.03
-2.2
26.9
-3.83
4.28
Total liabilities and equity
4.27
8.05
39
8.84
7.91
Cash flow statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Net income
-1.39
-2.3
-8.13
-11.7
-32.3
-4.1
Depreciation and amortization
0.2
0.25
0
3.6
0.21
0.14
Cash from operations
-6.56
-11.5
-1.5
-3.98
Capital expenditures
-0.67
-0.44
-0.58
-0.31
-0
-2.1
Cash from investing
-0.69
-0.43
-0.58
-4.22
0.02
-1.02
Debt issued
2.12
1.17
6.68
0.5
0.74
0.07
Debt repaid
-0.14
-0.65
-0.77
-0.1
Stock issued
0
5.05
0.28
10.8
Cash from financing
2.12
1.03
11.2
14.1
1.49
8.99
Exchange rate effect
0.01
-0.05
-0.62
-1.69
-0.17
-0.24
Free cash flow
-7.13
-11.8
-1.5
-6.08
Interest paid
0.03
0
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $0.73 on November 11, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
24.9%
Gross profit / revenue.
Operating margin
-523.8%
Operating income / revenue.
EBITDA margin
-506.9%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-489.6%
Net income / revenue.
FCF margin
-726.5%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-475.7%
Cash from operations / revenue.
Return on assets (ROA)
-48.9%
Net income / average total assets.
Capex / revenue
250.8%
Capital expenditures / revenue.
D&A / revenue
16.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
97.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
172.3%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
251.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-10.5%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-0.5%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.39x
Current assets / current liabilities.
Quick ratio
1.16x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.06x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
46.0%
Total liabilities / total assets.
Interest coverage
-43.8x
Operating income / interest expense.
Working capital
$1.4M
Current assets - current liabilities.
Goodwill and intangibles / assets
0.2%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.10x
Revenue / average total assets.
Fixed asset turnover
0.34x
Revenue / average property, plant and equipment.
Receivables turnover
2.55x
Revenue / average receivables.
Days sales outstanding
143 days
365 x average receivables / revenue.
Days payables
2,613 days
365 x average accounts payable / cost of revenue.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$3.93
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$3.93
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$397.1K
Share price x shares outstanding.
Enterprise value
-$3.4M
Market cap + total debt - cash - short-term investments.
P/S
0.47x
Market cap / revenue.
FCF yield
-1,531.0%
Free cash flow / market cap.
Earnings yield
-1,032.0%
Net income / market cap (the inverse of P/E).
What was AKANDA CORP.'s revenue in fiscal 2024?
AKANDA CORP. reported revenue of $836.7K for fiscal 2024, 97.5% higher than the year before.
Was AKANDA CORP. profitable in fiscal 2024?
No. It reported a net loss of $4.1M.
How much free cash flow did AKANDA CORP. generate in fiscal 2024?
Cash from operations of $4.0M minus capital expenditures of $2.1M left free cash flow of -$6.1M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.